Web3 AI Daily Review (2025/1/20)

1. Attention Value - Market Highlights

1. Market Trends

(1) Macroeconomic Environment:
l Forbes: Trump’s Meme Coin Issuance Triggers Constitutional Crisis and Political Economic Controversy
Forbes commented on the meme coin event issued by Trump in a column, pointing out that it could trigger a constitutional crisis. Although the incoming SEC chairman may introduce more crypto-friendly policies, the fundamental legal principles remain unchanged, and the personalities and policy preferences of SEC leaders cannot override existing securities laws. The report also noted that the launch of the TRUMP coin reveals fundamental tensions in contemporary American politics. Trump positions himself as a supporter of the cryptocurrency industry and promises to make the U.S. the "global cryptocurrency capital," but the structure and timing of his digital token project raise concerns about the fusion of his personal interests and political power. The ownership of the token is concentrated in companies associated with Trump, and the issuance coincides with the eve of his inauguration, raising doubts about whether he genuinely supports cryptocurrency innovation or is merely further commercializing the presidency.
(2) Web3 Sector:
l Crypto Market Generally Retraces, Bitcoin Falls Below $100,000
The cryptocurrency market generally retraced, with the AI Agents sector dropping 12.08% in the past 24 hours. Major AI tokens such as AI16Z, ARC, AVA, and ACT fell by 29.83%, 23.69%, 32.92%, and 29.18%, respectively. FARTCOIN rose against the trend by 16.74%. Additionally, the DeFAI sector saw a decline of 14.90%, with GRIFFAIN down 12.05%. The CeFi sector fell by 3.28%, PayFi by 6.75%, DeFi by 6.94%, Layer 1 by 6.99%, and the Meme sector by 7.53%. Bitcoin also briefly fell below the $100,000 mark, with the latest price at $102,499.

2. Hot Events

(1) Macroeconomic Environment:
l Criminal Gang Led by Former Professional Football Player Accused of Money Laundering 1.1 Trillion Won in South Korea
Busan police in South Korea announced that a criminal gang led by a former professional football player has been accused of laundering money for 112 gambling websites through a fake cryptocurrency trading platform, involving an amount as high as 1.1 trillion won (approximately $756.8 million). The gang employed active corporate security program developers to create fake trading platforms from January 2022 to September 2023, using over 200 bank accounts to collect gambling funds from 66,802 members and profiting approximately 10 billion won (about $6.88 million) by charging a 0.1% fee. Police investigations also revealed that the gang used deepfake celebrity videos to lure 80 minors into gambling. Currently, eight people have been arrested, and 11 face non-custodial prosecution.
(2) Web3 Sector:
l UXLINK Launches Fuji Card to Promote the Use of Crypto Assets in Daily Payments
UXLINK announced it will launch a cross-border crypto asset payment card called Fuji Card in collaboration with international payment institutions, aimed at promoting the use of crypto assets in daily life, including expenses for clothing, food, housing, transportation, cross-border transfers, and DeFi services, further advancing the popularity and practicality of crypto assets. The issuance of Fuji Card will be supported by the blockchain technology of UXLINK Social Growth Layer, while the One Account One Gas (OAOG) protocol will provide users with a smooth experience. Additionally, Fuji Card will introduce high-quality Web3 projects within the UXLINK ecosystem, offering users rich value-added rights and airdrop opportunities, further enhancing user experience and ecological value, empowering $UXLINK. UXLINK plans to build a seamless bridge between crypto assets and real-world applications through a social crypto fiat cross-border payment card, providing users with safe, inclusive, and beneficial financial services.

3. Hot Narratives

l Trump Family Cryptocurrency Frenzy: Trump Coin Soars and Then Crashes, Melania Coin Follows Suit
Two days before Trump was set to take office, he launched his personal meme coin "Trump Coin," which quickly sparked a market frenzy. According to CoinGecko, "Trump Coin" opened at $0.1824, surging over 15,000% within 12 hours, peaking at $84, with a market cap nearing $80 billion. Following closely, Trump’s wife Melania also launched her own cryptocurrency—"Melania Coin," which broke through $5 shortly after its launch, with a market cap exceeding $5 billion. However, this series of coin launches had a massive impact on the market, with "Trump Coin" plummeting 60% within 30 minutes after the launch of "Melania Coin," while Solana and Bitcoin also saw significant declines. Analysts believe this phenomenon reflects the market's frenzied pursuit and rapid shift regarding the Trump family's cryptocurrencies. Within minutes of the launch of "Melania Coin," many investors began to sell off "Trump Coin." Influencers on social media commented that cryptocurrencies seem to have become a business for the Trump family. The Trump family holds 80% of the total supply of "Trump Coin" through their company, which means their selling actions could significantly impact the market. Additionally, Trump’s appointment of David Sacks as head of cryptocurrency and AI affairs indicates his policy support for the crypto industry. Although the short-term performance of "Trump Coin" and "Melania Coin" is eye-catching, analysts warn that such high volatility and speculation may pose risks, and investors should approach such meme coins with caution to avoid losses.

2. Attention Value - Hot Projects

1. Project Introduction
l $quarm | AI | @miao16z
- quarm is a proxy cluster system designed to coordinate dedicated AI agents to handle queries.
- GitHub Project: The current development progress of the project is preliminary, with only 4 stars, and the latest code submission was 3 days ago, with a total of only three commits: the first for initializing the repository, the second for updating the code, and the third only for updating the documentation. The code has few dependencies, using only OpenAI's library. The project's agents directory contains five files, including a simple Telegram bot code and an API server code. The API server sets up a web server to provide two interfaces for receiving user requests. The core functionality is mainly concentrated in the swarm.py file, which, according to GPT's summary, implements a multi-agent AI system capable of handling user queries ranging from simple to complex.
- Dev Holdings: A total of 120M purchased, accounting for 12% of the total supply. Of this, 5% is transferred to AI16Z DAO, 5% is locked until July 17, and 1% is held by the development team.

3. Attention Value - Sector Rotation

1. Hot Sectors
Data Source: Dune, Dot Labs

Data Source: Dune, Dot Labs
2. Internal Sector

Data Source: Dune, Dot Labs